Friends who have been in contact with Amazon’s cross-border e-commerce know that Amazon has KYC review. If you want to open an Amazon store, you must be approved by Amazon KYC. Only after approval can you register a store on the Amazon cross-border e-commerce platform.
In order to ensure that they comply with laws, regulations and platform policies, Amazon KYC approval requires checking the identity information of each user. So what is the specific content of Amazon KYC approval? We will explain it in detail below.
Identity authentication: First, Amazon needs to check the customer’s identity information, including name, ID number, address, etc. Customers need to provide relevant documents to prove their identity and legitimacy.
Financial review: Amazon needs to check the user’s financial information, including bank account and credit card information. This is to ensure that customers have enough funds to purchase goods on Amazon.
Business information review: Amazon needs to verify the user’s business information, including company name, registration number, business scope, etc. This is to ensure that customers comply with business ethics and platform policies.
Product review: Amazon needs to check whether the products sold by customers on the platform comply with laws, regulations and platform policies. Amazon requires stricter approval for some products, such as electronic equipment, food and medicine.
Anti-money laundering review: Amazon needs to avoid illegal transactions and money laundering. Therefore, in order to ensure that the source of users’ funds is legal, Amazon needs to conduct anti-money laundering reviews on users.
It should be noted that due to factors such as regions, industries and policies, the standards and processes for Amazon KYC approval may vary. When applying for an Amazon account, customers need to carefully read the platform policies and related requirements, and provide relevant information and information as required.
In addition, Amazon will regularly review and spot check customers who have passed KYC approval. Once Amazon finds that a user provides false information or violates regulations, it will block the account or take other corresponding measures. Therefore, customers must ensure that the information provided is true, accurate and complete.
Amazon KYC approval is a process to ensure that customers comply with laws, regulations and platform policies. When applying for an account, users need to provide true, accurate and complete identity information, financial information, business information and product information in order to be approved and successfully sell products on the platform.